An Important Look at Apple’s Earnings Trend
Apple (NASDAQ:AAPL) reports earnings on January 24. In order to be properly prepared, you must be aware of Apple’s recent earnings trend.
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Here’s your Cheat Sheet to Apple’s annual and quarterly earnings trends:
|Revenue ($) in millions||37,490||42,900||65,220||108,250||156,510|
|Diluted EPS ($)||6.78||9.08||15.15||27.68||44.15|
When looking at Apple’s earnings in the big picture, we can see why the stock has been Wall Street’s darling since the economic collapse. During that time, the stock has risen from a low of $82 to a recent high of over $705. With earnings as sweet as these, we don’t need a physicist to explain the driver for stock returns.
However, to prepare for Apple’s upcoming earnings release, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data…